Buy-In Last Cum Date (11 Aug) is more applicable to trading representatives (e.g. dealers and remisiers) who are selling Keppel Corp's shares in the "Buy-In" market. "Buy-In" market is another market created by SGX and only assessible to trading representatives of brokerage firms. This "Buy-In" market is not assessible to normal retail investors. Only trading representatives from brokerage firms have access to this exclusive market. For trading representatives selling Keppel Corp's shares in the "Buy-In" market, they can only receive the dividends from Keppel Corp if they held on their shares and only sell in the "Buy-In" market on 11 Aug or after (which is Buy-In Last Cum Date).    

So "Buy-In" refers to "Buy-In market" and "Last Cum Date" is the date for holding Keppel Corp's shares until 11 Aug for trading representatives to secure Keppel Corp's shares. In a nutshell, this "Buy-In Last Cum Date (11 Aug)" is only relevant to trading representatives trading Keppel Corp's shares in the "Buy-In" market and is not relevant to normal retail investors trading the shares in the normal public trading market. For normal retail investors trading Keppel Corp's shares in the normal public trading market, the Ex-Dividend Date (5 Aug) is the date one should hold the shares of Keppel Corp until so as to receive it's dividends. Hope this helps?

Thanks, Jeremy Senior!  So the price that the market is trying to push down, so that they can buy in today will not get the $0.15 dividends la.

What about the Buy-In Last Cum Date of 11 Aug?  any material effect ?

Keppel corp is a gd counter. Foundamentally strong and have garnered many analysts' BUY' calls.  With sustained payment of dividends, giving better returns than the banks.

Dividend Ex-Date (5 Aug) is when the stock's dividends entitlement expires. This means an investor that buys Keppel Corp's shares on 5 Aug does not get the dividends that is currently announced. One should buy shares of companies still trading as CD to get their current dividends. As to Record Date, it is just to inform shareholders that the company will do the necessary processing on this date to confirm who are the shareholders entitled to the dividends (those that have held on their shares until Dividend Ex-Date (5 Aug)). So, Record Date is usually a few days after the Dividend Ex-Date.

The stock market has historically usually trade downwards during the month of August and September. So, the current downtrend is not suprising at all. As the market has already rallied so high, it is also not suprising to see investors take profits. So, the drop in Keppel Corp's share price is not suprising at all subjected to the stock market general sentiments for this month and the next month. However, the market can also have a fair chance to go against the historic trends for this and next month. So, for the short-term, stock market sentiments is really unpredictable.

If a buying opportunity presents in the short-term due to decrease in stock prices, it maybe wise to enter the market as long term wise (a few years down the road), the stock market can only trade on higher grounds as economy recovers (no arguments about this). Bet on the inevitable upward long term trend. Accumulate at good low prices using any current downward trends. Be extremely patient to accumulate strategically at low prices stocks of excellent companies so as to capitalise on the full long term upward trend.

ShelNovice      ( Date: 05-Aug-2009 09:36) Posted: Dear all senior members, Don't understand.  Today is the EX-Div but why the shares only recorded on 7th Aug to be entitled to the dividends ???  Share px slipped to take in the amt of dividends payable?? With so many good news, the counter is still anaemic :( wongmx6      ( Date: 04-Aug-2009 17:08) Posted: KEPPEL CORPORATION LIMITED DIVIDEND Announced on 2009-07-24 Particulars : SGD 0.15 ONE-TIER TAX Ex-date : 5 Aug 2009 Buy-In Last Cum Date : 11 Aug 2009 Record Date : 7 Aug 2009 Date Paid/Payable : 19 Aug 2009 Last updated on 07/25/2009 03:00:05 AM

Dear all senior members,

Don't understand.  Today is the EX-Div but why the shares only recorded on 7th Aug to be entitled to the dividends ???  Share px slipped to take in the amt of dividends payable?? With so many good news, the counter is still anaemic :(

wongmx6      ( Date: 04-Aug-2009 17:08) Posted: KEPPEL CORPORATION LIMITED DIVIDEND Announced on 2009-07-24 Particulars : SGD 0.15 ONE-TIER TAX Ex-date : 5 Aug 2009 Buy-In Last Cum Date : 11 Aug 2009 Record Date : 7 Aug 2009 Date Paid/Payable : 19 Aug 2009 Last updated on 07/25/2009 03:00:05 AM